If you’re an avid watcher, then you already know I have my proprietary and Cumulative Strength Index scans that I use to gauge the overall market.
You also probably know that Gartner Inc. (NYSE: IT) is the third-strongest name on my CSI scan…
But the point I’m making here is that if we travel back in time, IT would still be toward the top of that list a month ago! So it’s not just one or two days… It’s an entire month, so the question I have for you is this: How can my CSI scan predict the fact that these stocks will remain strong?
It’s called momentum, folks…
So in this video, I thought I’d walk you through how and why I trade momentum stocks. That includes a step-by-step breakdown of how you can use my proprietary and SCI scans in your own trading.
How and Why I Trade Momentum Stocks
I need you to understand that momentum tends to continue…
It’s not not a three- or five-day window. That’s one of the reasons why I trade momentum stocks, and my CSI scan makes for a great short- and long-term tool.
My CSI scan helps me outperform just about every indicator I come across because it’s based on pure momentum. That means if something is outperforming, chances are it’s going to continue outperforming most others.
If someone is good at something, they often tend to continue being good at it.
I mean, think about horse racing! We would want to buy and bet on a horse (or in our case, stocks) based on its track record.
And the best part is that we’ll oftentimes see the same stock(s) rally and rally for months on end…
So check out my short video below to see why I trade momentum stocks. I’m even giving away some of my top relative-strength stocks to trade right now!
Don’t forget to subscribe to our YouTube channel if you haven’t already so you can be notified as soon as we post our next video!
P.S. I’m sounding all of the alarms, folks…
There’s a simple yet effective indicator that’s been tipping me off to some of the most powerful stocks in the market like clockwork.
In fact, I’ve already seen winners like 291% on HSCH in seven days… 400% on DIS in three days… and even 740% on ANTM in 34 days!
All traders have to do is wait for a stock to cross “the Sniper Line,” and then place a quick trade.
I’ve finally perfected this brand-new trading system, so I decided to pull back the curtain on my most critical market discovery yet!